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Search Results 0 to 15 of about 16 (some duplicates have been removed)
elected to go to washington and get things done can't seem to make any progress at all on the looming fiscal cliff. instead, what we have is a game of finger pointing, both democrats and republicans, what else, blaming each other for the lack of a deal. now, keep in mind time is of the essence here. automatic tax hikes and spending cuts will go into effect in just four weeks if your members of congress can't come together and do a deal. on paper, it shouldn't be too hard. it's the job the american people elected them to do and the american people expect results. they want compromise. in fact, two separate cnn/orc polls, in those polls, an overwhelming number of people, 72%, said both sides should do a better job working together in general. so the people, that's you, want compromise. yet this is how the men and women on capitol hill, the men and women you elected to work for you, have responded over the last 48 hours. >> i think we're going over the cliff. >> it's unfortunate that the white house has spent three weeks doing basically nothing. >> what we can't do is sit here trying to
type of constitution in which the people can have a say in electing their government. and where the countries then are put on a more stable footing. because once that goes, then what? so this is fantastically difficult. once you lift the lid off these very repressive regimes and out comes all this religious and tribal tension, we have to find a way to stabilizing the situation and bring the bloodshed to an end. >> elsewhere in the region, egypt right now, we're seeing these protesters, these anti-mohammed morsi protesters moving closer and closer towards the presidential pass palace in cairo. they're concerned about what morsi is doing as far as democracy in egypt. how worried are you about the situation in egypt? >> i think egypt is key to the region, so the answer is, you've got to be extremely worried when you see instability affecting egypt. this is, again, the birth pangs of proper democracy in some ways, but this struggle is immensely important. obviously what's important in these countries where they've moved to a democratic system is that there is a clear understanding t
still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick around. we'll get back to you as well. >>> from wall street now
of a presidential election and we have one on the 19th of this month. market consensus is that the bank of korea will cut key rates again in the first half of next year to perk up the economy. and in reaction to this, the korean yuan weakened against the dollar and many traders stayed on the sidelines while keeping an eye out for the possible intervention. the yuan that's gained about 9% since may is worrying to korean officials here since the economy is very much driven by its exports. ross, back to you. >> joining us for more, strategist at bnp paribas. so, look, growth came in at more than three year low. what happens to the korean yuan now? >> well, it has been quite well supported, but it hasn't been able to put the mark against the u.s. dollar. bok is worried that the yuan is a little too strong against the yen. so i think it's interception that stopped the yuan from appreciating. the macro drivers be it strong fundamentals, relatively high yielding currency, that still i think puts it in fairly good light of appreciation. >> japanese government bpds, ten year futures at a record high. med
is actually very hopeful and excited. a lot like the first day of school. >> members elect raise your right hands and repeat after me. >> reporter: with that, california's new assembly was sworn in today with democrats dominating with 55 of the 80 members. families with young children crowded the floor with the rest of the family often waving on from up above. freshmen assemblyman frank bigelow from madera county said he was humbled by the whole process. >> yesterday i was slogging in the mud feeding cows and today here i am being sworn in as a representative of the people of the state of california. >> reporter: with the largest freshman class since 1934, the first couple of years could be rocky with so many lacking experience. even senate president darrell steinberg says it took him a while when he was elected in 1998. >> i didn't really learn how to be a legislator until my fifth or sixth year in the assembly. that's how long it took me until i really understood it, understood the relationship between the two houses, the executive branch, all the nuances that make you more effective. >>
of supervisors -- appointed to the board of supervisors after mirkarimi was elected as sheriff. >>> fund-raising records were shattered by both president obama and mitt romney raising more than $2 billion. campaign finance recordsrd show president obama raised $1.1 million. mitt romney was close behind with 1.01 million. >>> a month -- a month after being re-elected president obama's rating is up to 57%. that's the highest rating since navy s.e.a.l.s killed osama bin laden. >>> 7:35. the national football league says it would help the oakland raiders, build a new stadium. roger goodell says it is crucial that the raiders approve their stadium situation and that the nfl would help for a new one. the raiders have held talks about a new stadium but no progress has been reported. >>> changes could be coming to the nfl next year. why some want those kickoffs to be eliminated and what might replace it. >>> an 18-year-old palo alto man is in jail that injured three people. two people were hurt. one man was arrested. they suspect road rage or a dispute. >>> darnell and tanya washington are in co
-sex marriage to date. exit polls of last month's elections show that a slight majority of voters think that gay marriage should be legal in their states. >>> moving on now. rain, wind and snow are hammering the west coast. three separate storms in just one week have soaked oregon and washington and northern california. by the way, northern california has been hammered the worst and guess what. a fourth storm is on the way. a lot of areas already dealing with really bad flooding and they thought this was the worst of it. >> this thing just went up fast. real fast. fire department was out here. and got a lot of stuff, you know, away from the house so it didn't float down the road and stuff but this is the worst. >> meteorologist chad myers joins us now at the weather center in atlanta. round four. >> yes. >> this seems just cruel. >> and it gets worse. there will be six more rounds in the next 16 days. i can't stress how much rain that's going to -- once you get rain on the ground like we have now, it doesn't just evaporate and run off. it does run off but doesn't just go away. adding to injury.
young people. we're really just focused on the elect officials who seem to be doing a lot of nothing. >> morale is so low for my generation. because they feel like no matter what, nothing is going to get done. and they speak in a language that they don't understand. i do it for a job, so i know about it, but my friends feel like they have no idea what's going on. >> and this cynicism is really strong. because i think they feel, you know, 27 days to go and they just assume nothing is going to happen for the next three weeks. and they look at the countdown clocks on television news networks like this one and say, oh, well, nothing's going to happen until we go over the cliff. i don't have tune in or worry about it. >> i wonder if that dancing 84-year-old senator is a way to break through. >> we're the ones who will be the most affected by it. we're getting the $16 trillion deficit passed down to us. >> do you think young people get that, though? do you think they understand the long-term consequences? >> not like they should. >>> still ahead this morning on "starting point," they're an
miles from jail. >>> president obama due on election results to say americans support his approach to prevent falling off the fiscal cliff. >> they agreed with the balanced approach that asked something from everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the goal of creating new taxpayers, not new taxes. >>> president obama has outlined what corporations can do to help the nation celebrate his inaugural in january. while taxes pay for the swearingin, festivities are privately funded new hampshire 2009 mr. obama refused corporate donations and he is now accepting them in packages up to $1 million. . >>> former south of canpresident nelson mandela was admitted to a hospital. current president of south africa says there was no cause for alarm by the4-year-old's health. mandela spent 27 years in prison for fighting fighting apartheid in south africa. >>>
. >> reporter: the white house is considering wintour for a plum post as a reward for the president's re-election. >> please join us. but just don't be late. >> reporter: according to "vogue," she's perfectly happy with the job she has. as ambassador, she would bring a different sort of elegance and strength to american diplomacy, as in speak softly and carry a chanel bag. for "good morning america," david wright, abc news, los angeles. >>> take a quick look at your weather before we get you off on your morning. we have a cold front in the northeast. it does look like while the warm air is up against the shoreline, it's almost done. we're dropping the temperatures quickly. buffalo at 37 today. pittsburgh at 37, as well. take a look at philadelphia, into the 50s. quick look at the big board. this is the colder air that sweeps across the country. we'll go into detail, moment by moment, place by place across the doesncountry as we g throughout the morning so you're not surprised by the morning weather. >>> and coming up on "gma" -- fierce fight. a mother gives up her baby for adoption without tellin
raised millions for the president's re-election. >> please join us, just don't be late. >> reporter: and politicians often reward their biggest fund-raisers. but ambassador anna wintour. privately white house sources say wintour is in the running for a plum diplomatic post, either ambassador to france or britain. wintour may not even want the job. she is, after all, the reigning queen of fashion, and queens don't have to be diplomatic. david wright, abc new, los angeles. >> she has been at "vogue" for 25 years, born in london, 63. apparently you know her quite well. >> yes, there we are. >> she's mad at you because you're not wearing a tie. >> she would be frowning upon most of the things i would wear. i have some kind of weird chest hair pattern in there. >> you have a necklace on. >> is that what it is? you are going david hasselhoff on us. >> we'll be right back. >> yeah! ♪ that's what it's for >> announcer: this is abc's "world news now," inform ñ >>> this morning on "world news now" -- moment of horror. a break in the subway death that has shocked new york. police have captu
, a recent gallop poll show 53%, highest ever, supports same-sex marriage. in the election last month four states voted in favor of same-sex marriage. 33 states in a row previously had voted against it, so the momentum is certainly with supporters of same-sex marriage, but where the court -- how the court responds to public opinion is a complicated and not always entirely predictable subject. >> when are we going to find out how the courts will get involved? >> they don't announce when they are issuing orders in an afternoon. it could be 2:00 eastern. it could be 3:00 eastern. that is generally the range in which we should fine out, so it could be 15 minutes away. it could be an hour or so. or they could put it off for another week. they don't have to announce it in advance when they're going to issue these sorts of things. >> we're standing by. we're waiting to find out. jeff, thanks. >> me too. >> good to see you. >>> how to keep astronauts from being exposed to too much radiation in space. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to
on the ballot, proposition 8, california voted in a close election to overturn same sex marriage. same sex marriage was banned after it was briefly legal. the federal district court had a trial there, and said that law, proposition 8, banning same sex marriage, is unconstitutional. that was affirmed on appeal, that is now appealed to the supreme court and they will now decide whether proposition 8 is constitutional or not. >> when we talk about this as being a historical sort of review, clearly there were different laws passed at the state level. so now it is really up to the federal government to kind of step in and say, okay, this is where we have to come together on our thinking. >> it is up to the united states supreme court. not the federal government. the federal government, the last word they have is the defense of marriage act. and what makes this so significant is that the supreme court has not really engaged with the issue of -- of gay rights since 2003. nine years. that's a long time. the country has changed dramatically in those nine years. there is a new gallup poll out that s
Search Results 0 to 15 of about 16 (some duplicates have been removed)

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